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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: goldsheet who wrote (77576)	9/27/2001 2:51:16 PM
From: lorne	Read Replies (1) \| Respond to of 116895

More from Andy. $340 gold seen by influential analyst. " Smith points to increased buying of gold coins in London in the wake of the Sept. 11 terrorist attacks. There are reports of increased buying of Swiss gold bars as well, he said Thursday. But it is aggressive hedge funds, long absent from the gold market, that will take gold's price as much as 15 percent higher in coming months, he says." Full story >>> ftmarketwatch.com{72F7EB78-4A85-4152-8695-38927719ECA7}

To: goldsheet who wrote (77576)	9/28/2001 9:06:36 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116895

Thanks for both replies. Re: my still unanswered question: how much Gold has PD produced in the prior 15 years before inclusion in the XAU? There is a strong correlation between POC and POG...always has been, always will be. To explain why here is simply too long and too arduous a task when I'm trying to get my equipment and buildings winterized before the first cold snap makes me wish I would have taken care of those matters sooner... Perhaps E Charters will take one of his succint stabs at explaining it for the edification of this thread. However, just to put the PD gold production from the last 15 years into perspective, here's a thot: 15yrs x 115K t/oz [Y2K's production] would be only ONE MILLION SEVENHUNDRED THOUSAND TWENTY FIVE ounces over that same 15 years. [Of course this is just extrapolation...and could be a +/- variation factor of say, what.... 15%(?) over the last 15 years prior to inclusion in the XAU index...] Now, just how many "typical tonnage" BOE auctions would it take to "distribute" all that PD produced gold to the bullion community, regardless of whether it is Comex or LME?? RE: our previous discussions regarding gold BULLION purchasing reporting requirements: It is STILL required of us gold dealers in bullion, EXCEPT since ICTA won the court battle to which you and I have both referenced in previous postings on this thread, THE DEALER now has some discretion, especially if the customer AND the source of the money is a "known" entity & source *This (discretionary power if you please) was NOT true* during the enforcement period by the greedy IRS ba&tard& prior to the legal settlement to which you've referenced in your "receipt of ICTA packet" post sometime back when I challenged you on this thread. If you'd like to visit with a very vocal and ardent bullion dealer who WAS front lines in this ICTA battle over gold turf with the US government, and is still very much in the gold bullion business, I have a name and current bullion dealer in PDX, OR area to recommend you contact: Paul Dorney of Alder Gold & Silver -Hwy 99 Portland OR location. He's expecting to hear from you as I gave him your name, former occupation, and all around good-guy recommendation should you chose to call and get up to speed. Paul's a "nice guy" and a no-nonesense, LOOOOOONG time gold bullion dealer----still in business. He'll be happy to quote you chapter and verse of the official Congressional Record wherein the discussion surrounding this "bullion purchase reporting" topic is recorded a/w/a speaks to/deals with current ICTA guidelines in your aforementioned "packet" [which I don't think went far enough from the description of what you got and replied to me referencing.] Thx, Bob.